Stability in the market continues
May's figures are now available from the HMRC and seasonally adjusted non-residential transactions have remained stable in May 2019.
Year-on-year, non residential transactions in May have remained relatively stable over the previous 5 years.
There has been a slight dip between this year and last with non-residential transactions in May 2019 approximately 1.8% lower than in May 2018.
The seasonal non-residential pattern remains consistent. The pattern generally features a low point at the start of the calendar year with a corresponding peak each March, coinciding with the end of the financial year.
We will be producing the second edition of our Quarterly Return next month and will report on how the trends reported by the HMRC compare with what we have seen in the market.
To read the full report, please visit the HMRC website by clicking here May 2019 UK Property Transactions Statistics
For further information on how Bridging Vat can help fund your next commercial property purchase, please contact us on email at email@example.com or by telephone on 01206 645 050.